Canadian investors explore Georgia, satisfied with business climate

The Netherlands was Georgia's largest investor in 2014, with $331 million USD. Photo by N. Alavidze /, 18 Apr 2016 - 15:20, Tbilisi,Georgia

A group of Canadian investors are visiting Georgia to learn about the country’s business environment, particularly the progress made in supporting small and medium-sized enterprises (SMEs) and in creating a transparent investment environment.

Investors from Westwood International Advisors, a privately-owned investment management firm were satisfied with the current business climate in Georgia and encouraged foreign investors to explore the potential Georgia has to offer.

We came to Georgia to understand and learn about what drives and motivates the people of Georgia to progress. The peacefulness of this environment is absolutely remarkable and certainly we will encourage everyone to travel here and to understand what Georgia is all about,” said senior vice president and lead portfolio manager of the Westwood International Advisors, Patricia Perez-Coutts.

We look forward to return many more times and see the progress made to open up the capital markets; the progress made towards the pension fund reform as well as the progress for SMEs,” she added.

The Canadian investors spent four days in Georgia’s capital Tbilisi and met high officials from the Government to learn about the Government’s efforts to develop a business-friendly environment.